How Much Does a Charge Off Affect Your Credit Score?

Because 35% of your credit score relates to paying your debts in a timely manner, becoming so late on payments that the account is charged off can have a significant negative impact on your score. It also looks bad to future creditors because it indicates you might not pay all your bills. Find out more… Read More

The post How Much Does a Charge Off Affect Your Credit Score? appeared first on Credit.com.

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Medicare made simple

Medicare made simple is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

It is important to have a thorough understanding of Medicare when heading into retirement. Medicare is not an income producing piece of your retirement plan so unfortunately it gets overlooked by financial advisors. We believe at J.A. Lawrence Wealth Management that understanding our expenses is a vital step in retirement planning. Since healthcare is a substantial piece of our expenses in retirement, it is important to do your due diligence on this subject. Medicare is a federal insurance program for the elderly. All our adult working lives we have been paying into the Medicare system via the FICA tax. The

Medicare made simple is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

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What Is A Consumer Loan?

A consumer loan is a loan or line of credit that you receive from a lender. Consumer loans can be auto loans, home mortgages, student loans, credit cards, equity loans, refinance loans, and personal loans. This article will address each type of consumer loans. Get Approved for personal loan today. Types of consumer loans: Consumer …

The post What Is A Consumer Loan? appeared first on GrowthRapidly.

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Student Loans vs. Financial Aid

As of early 2020, student loan debt in the nation had reached more than $1.5 trillion. More than 44 million individuals have student loan debt, and the average person with student loans owes a bit over $32,000—which is more than half of the average household income in the United States. As a new school year… Read More

The post Student Loans vs. Financial Aid appeared first on Credit.com.

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Ask the Readers: What Are Your Holiday Shortcuts?

Woman using holiday shortcuts to go christmas shopping

The holidays can be a stressful time for many families — why spend more time and energy on the prep when you don’t need to? Holiday shortcuts like hosting a potluck (rather than making dinner all by yourself) and opting for Secret Santa (instead of buying gifts for everyone) can make things a lot easier — and cheaper.

What are your holiday shortcuts? How do they make things easier for you? What old traditions are you skipping altogether?

Tell us about your holiday shortcuts and we’ll enter you in a drawing to win a $20 Amazon Gift Card!

Win 1 of 3 $20 Amazon Gift Cards

We’re doing three giveaways — here’s how you can win:

  • Follow us on Twitter
  • Tweet about our giveaway for an entry.
  • Visit our Facebook page for an entry.
  • Follow @janetonthemoney on Twitter.

Use our Rafflecopter widget for your chance to win one of three Amazon Gift Cards:

a Rafflecopter giveaway

Giveaway Rules:

  • Contest ends Monday, December 16th at 11:59 p.m. Pacific. Winners will be announced after December 16th on the original post. Winners will also be contacted via email.
     
  • This promotion is in no way sponsored, endorsed or administered, or associated with Facebook or Twitter.
     
  • You must be 18 and U.S. resident to enter. Void where prohibited.

Good Luck!

Tell us about your holiday shortcuts and we'll enter you in a drawing to win a $20 Amazon Gift Card!


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5 Best Hedges in the Face of Inflation

Inflation measures how much an economy rises over time, comparing the average price of a basket of goods from one point in time to another. Understanding inflation is an important element of investing. The Bureau of Labor Statistics CPI Inflation Calculator shows that $5.00 in September 2000 has the purchasing power equal to $7.49 in […]

The post 5 Best Hedges in the Face of Inflation appeared first on Good Financial Cents®.

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How to Save for Retirement in Your 20s, 30s, 40s, 50s and 60s

You don’t want to work the rest of your life. Here’s how to save in your 20s, 30s, 40s and 50s, even if retirement seems light years away.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

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